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CSMS SIGNED

Smart, energy efficient air-condition

Total Cost €

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EC-Contrib. €

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Partnership

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 CSMS project word cloud

Explore the words cloud of the CSMS project. It provides you a very rough idea of what is the project "CSMS" about.

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Project "CSMS" data sheet

The following table provides information about the project.

Coordinator
LNCON SYSTEMS LTD 

Organization address
address: HADEKEL 2
city: TEL MOND
postcode: 4060630
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Israel [IL]
 Project website http://elencon.com
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2019
 Duration (year-month-day) from 2019-08-01   to  2019-11-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    LNCON SYSTEMS LTD IL (TEL MOND) coordinator 50˙000.00

Map

 Project objective

Air-conditioning is a vital technology in many regions to ensure comfort, health and productivity but it consumes a lot of electricity and is thus expensive and environmentally harmful if fossil fuel-based electricity is used. Commercial chillers used in large buildings, such as hotels and office blocks, account for more than 30% of installed a/c capacity worldwide. However, the technology used is static and dated: it chills the water to a very low temperature so that it can cope with extremely hot weather, irrespective of the actual prevailing conditions. Keeping the chiller water colder than it needs to be leads to excess electricity consumption. Elencon has invented and developed a unique plug-and-play technology: using IoT sensors and machine learning, the system analyses a building's thermodynamic map and usage patterns and combines this with hourly weather forecasts and dynamic electricity pricing to set the chiller water to an optimal temperature, which is almost always higher than current set minimums. Prototype trials have shown that this reduces electricity consumption by 25 - 35%. In the case of one of our trial customers, a hotel in Tel Aviv, this translates into savings of € 70,000 p.a. The energy savings increase with the installed cooling power and frequency of use, which means that users of facilities with high cooling requirements save the most. We believe that our serviceable addressable market in Southern Europe and Israel is worth hundreds of millions, and that the global market is worth billions. Our technology is at TRL 7 and we've validated a shared savings model e.g. with large hotel chain, as well as with distributors in Israel, Italy and Cyprus. With our Phase 1 project, we aim to develop the most suitable go-to-market strategy, ensure can serve key-segments and prepare for productizing our technology.

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The information about "CSMS" are provided by the European Opendata Portal: CORDIS opendata.

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